The Company paid a dividend to its equity holders.

COMPANY
The Company is a global software solutions company specializing in learning and performance products. The Company’s products support mission-critical business applications by providing solutions that increase employee productivity and proficiency.

EQUITY HOLDERS
The Company is majority owned by a private equity fund.

OUR ROLE
Pendo Advisors, LLC served as independent financial advisor to the board of directors of the Company and provided a solvency opinion in connection with the transaction.